Shareholder Briefings

2011 has been testing year for ECT. As reported to the market, the program to commercialise Coldry with Tincom of Vietnam via the Victoria Coldry project was terminated in May. In addition, there have been significant changes within the Board and management.

Since my appointment as Managing Director and Chairman, the Board has clarified the company’s purpose and developed a clear, action based strategy for the commercialisation of the Company’s two core technologies.

As a result of this work, it was concluded that the Victorian Coldry project remains one of the most realistic opportunities to progress Coldry technology to commercialisation. The proposed location is ideal and the legal and commercial frameworks are established. Accordingly, ECT’s team is actively re-engaging with Tincom to establish the first commercial scale Coldry production facility.

In addition, we are committed to

On behalf of the Board and Management of ECT, I would like to invite you to attend a shareholder briefing session in either Sydney, Melbourne or Brisbane. The sessions will allow you to gain further insight into the Company’s revised strategy and provide an important opportunity for discussion regarding the future of your company.

Many of you took advantage of the recent Non-renounceable Rights Issue and increased your holding in ECT. There is an opportunity, should you be eligible, to take advantage of the shortfall to further increase your holding in the Company. Further details regarding this shortfall placement will be outlined in the meeting.

Details of the briefing sessions are outlined below:

Sydney – Tuesday 15 November 2011

11am for 11:30am presentation

Norton Rose,

Grosvenor Place,

225 George Street,

Sydney NSW 2000

Brisbane – Wednesday 16 November 2011

11am for 11:30am presentation

Norton Rose,

Level 17,

175 Eagle Street,

Brisbane QLD 4000

Melbourne – Monday 21 November 2011

11am for 11:30am presentation

Norton Rose,

Level 15,

RACV Tower, 485 Bourke Street,

Melbourne VIC 3000

Refreshments will be served

Please RSVP, noting which session you would like to attend, to Rosalind Plant at ECT@radargroup.com.au or call 02 8256 3350.

On behalf of ECT, we look forward to seeing you at the briefing sessions. Thank you again for your continued support as a valued shareholder of ECT.

Yours sincerely,

 

Mike Davies
Chairman

 

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